As a result, my Topup table now looks like this:
Top-up Income Cost
Rank EPIC Rank EPIC % Income Rank Epic % Cost
1 SSE* 1 TW.* 6.51% 1 GSK* 4.49%
2 BATS 2 VOD* 4.73% 2 MKS* 4.33%
3 VOD* 3 RIO* 4.23% 3 PSON 4.10%
4 LLOY 4 MARS 4.10% 4 RDSB 4.09%
5 MARS 5 RDSB 4.08% 5 LLOY 4.06%
6 BLT 6 IMB 4.05% 6 MARS 3.98%
7 NG. 7 SSE 4.03% 7 SSE 3.85%
8 TW.* 8 BT.A 3.88% 8 AV. 3.84%
9 KGF 9 GSK 3.74% 9 BT.A 3.83%
10 BLND 10 MKS 3.66% 10 BLT 3.62%
11 BT.A 11 BP. 3.66% 11 VOD 3.61%
12 MKS* 12 AV. 3.62% 12 LGEN 3.50%
At this stage, TW., VOD and RIO are now disqualified from further topups because doing so would take them past my 5% limit for share of income, and GSK and MKS are diqualified because of their share of cost for the same reason. SSE is held in abeyance until after the demerger of the power distribution networks is completed. Hence BATS are in line for the next topup as it stands.
My portfolio now looks like this:
Value
Rank EPIC Weight % Median
1 RDSB 3.88% 137.9%
2 AZN 3.87% 137.5%
3 BP. 3.60% 127.8%
4 RIO 3.56% 126.6%
5 GSK 3.55% 126.1%
6 CPG 3.33% 118.3%
7 SGRO 3.27% 116.0%
8 DGE 3.16% 112.3%
9 ADM 3.13% 111.3%
10 IMB 3.11% 110.5%
11 AV. 3.04% 108.1%
12 SMDS 3.03% 107.6%
13 TW. 2.99% 106.2%
14 BT.A 2.98% 105.7%
15 LGEN 2.97% 105.6%
16 MKS 2.86% 101.4%
17 UU. 2.85% 101.2%
18 MARS 2.82% 100.0%
19 BA. 2.81% 100.0%
20 ULVR 2.77% 98.3%
21 VOD 2.74% 97.4%
22 PSON 2.73% 97.0%
23 NG. 2.69% 95.4%
24 WMH 2.66% 94.6%
25 S32 2.60% 92.4%
26 IMI 2.55% 90.5%
27 RB. 2.54% 90.3%
28 BLT 2.52% 89.4%
29 BLND 2.51% 89.3%
30 TATE 2.51% 89.2%
31 SSE 2.44% 86.8%
32 BATS 2.43% 86.3%
33 LLOY 2.13% 75.7%
34 KGF 1.76% 62.7%
35 TSCO 1.58% 56.1%
Tesco and Kingfisher still languish at the bottom end. Of course, it all hangs on dividends being maintained.
TJH